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We study a monopolistic robust pricing problem in which the seller does not know the customers' valuation distribution for a product but knows its mean and variance. This minimal requirement for information means that the pricing managers only need to be able to answer two questions: How much...
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Problem Definition: Consumers often perceive higher-priced products to have higher quality. Less is known on how quality perception is affected by price markdowns. In addition, it is an open question whether and how consumers' ex-ante expectation on a future markdown affects their quality...
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Supply uncertainty in produce supply chains presents major challenges to retailers. Supply shortages create frequent disruptions in terms of promised delivery times, quantity and quality delivered. To alleviate these challenges, dual sourcing---a strategy in which buyers source a good from two...
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The goal of this paper is to leverage household-level data to improve food-related policies aimed atincreasing the consumption of fruits and vegetables (FVs) among low-income households. Currently, several interventions target areas where residents have limited physical access to grocery stores,...
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